Property type: other

Renovation project in Tudorovici

Property for sale in Budva, Montenegro.

Added on: 2010/03/12
Location
Region: Budva, Montenegro
Parameters
Type: other
Area: 200 m²
Transaction
Category: residential
Offer: for sale
Price: € 99 000
Contact the Owner
 
  
Contact
Agent: Danica
Company: Invest Montenegro
Phone: +38233455642
http://www.investmontenegro.com

The property comprises three old stone ruins with footprints of 50, 40 and 36 square meters respectively. Permission exists to rebuild the ruins to their formerly glory over three levels, providing a total build density of 378 square meters.

The ruins are bordered by a public access road to the north west side of the site, with water and electricity located beside the site. A concept design exists for the site offering the potential to rebuild as a single large exclusive villa or as a botique apartment development. A very impressive neighbouring property demonstrates the exceptional potential for a rebuild and return on investment.




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